V12 GROUP: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
V12 GROUP
Largest movements
- Tangible fixed assets -€5,429
no longer reported in 2024 (was €5,429)
- Receivables within one year -€3,874
down €3,874 (-50.4%), from €7,687 to €3,813
of which Other amounts receivable: -€3,874
- Profit (loss) carried forward -€5,429
down €5,429 (-85.6%), from €6,340 to €910
- Tax, wage and social debts -€3,874
no longer reported in 2024 (was €3,874)
- Other operating charges +€5,429
new in 2024: €5,429
- Depreciation -€3,521
no longer reported in 2024 (was €3,521)
- Gross operating margin +€199
no longer reported in 2024 (was -€199)
- Financial charges -€61
no longer reported in 2024 (was €61)
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,437 | €4,134 | -€9,303 | -69.2% |
| Fixed assets | 21/28 | €5,729 | €300 | -€5,429 | -94.8% |
| Tangible fixed assets | 22/27 | €5,429 | - | -€5,429 | |
| Other tangible fixed assets | 26 | €5,429 | - | -€5,429 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €7,708 | €3,834 | -€3,874 | -50.3% |
| Amounts receivable within one year | 40/41 | €7,687 | €3,813 | -€3,874 | -50.4% |
| Trade receivables | 40 | €2,253 | €2,253 | = | 0.0% |
| Other amounts receivable | 41 | €5,434 | €1,560 | -€3,874 | -71.3% |
| Cash at bank and in hand | 54/58 | €21 | €21 | = | 0.0% |
| Total equity and liabilities | 10/49 | €13,437 | €4,134 | -€9,303 | -69.2% |
| Equity | 10/15 | €9,340 | €3,910 | -€5,429 | -58.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,340 | €910 | -€5,429 | -85.6% |
| Amounts payable | 17/49 | €4,098 | €224 | -€3,874 | -94.5% |
| Amounts payable within one year | 42/48 | €4,098 | €224 | -€3,874 | -94.5% |
| Trade debts | 44 | €224 | €224 | = | 0.0% |
| Suppliers | 440/4 | €224 | €224 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,874 | - | -€3,874 | |
| Taxes | 450/3 | €3,874 | - | -€3,874 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,521 | - | -€3,521 | |
| Other operating charges | 640/8 | - | €5,429 | +€5,429 | |
| Gross operating margin | 9900 | -€199 | - | +€199 | |
| Operating profit (loss) | 9901 | -€3,721 | -€5,429 | -€1,709 | -45.9% |
| Financial charges | 65/66B | €61 | - | -€61 | |
| Recurring financial charges | 65 | €61 | - | -€61 | |
| Profit (loss) for the period before taxes | 9903 | -€3,782 | -€5,429 | -€1,647 | -43.5% |
| Profit (loss) for the period | 9904 | -€3,782 | -€5,429 | -€1,647 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,782 | -€5,429 | -€1,647 | -43.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.